Page 4 - India Germany

Germany and Spain in contest for $4.8 billion Indian submarine deal

Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named

Overnight stay by Indians in Germany up 209% in '22; 65% of pre-Covid level

Indian tourists spent more than 6.23 lakh nights in Germany in 2022, a 209 per cent increase compared to the previous year, but the number was still 65 per cent of the pre-pandemic levels, according to new data from the German National Tourist Board. Romit Theophilus, director India for the German National Tourist Office (GNTO), said Indians spent more than 2.01 lakh nights in Germany in 2021. "The record level of 2019 with over 9.61 lakh overnight stays by Indians has not yet been reached. However, we have already reached 65 per cent of the level of 2019, leaving room for continuous growth as Indians return to travelling. There is huge demand among Indians for international travel," Theophilus said at a press conference here. "Germany is an attractive destination with exceptional offers. Our goal in the medium term is to reach the number of overnight stays we had before the COVID-19 pandemic. We have achieved a remarkable increase this year compared to 2021, which shows that our ..

India skilled workers in huge demand as Germany tries to woo nurses

German Chancellor Olaf Scholz expressed the country's intention to simplify work visa rules for Indian IT workers in February to fulfil the demand for software expertise

Jaishankar meets German V-C, discusses 'opportunities' for bilateral ties

External Affairs Minister S Jaishankar on Thursday held "productive" talks with visiting German Vice Chancellor Robert Habeck focusing on "new opportunities" for bilateral ties. In a Twitter post, Jaishnakar said he and Habeck exchanged perspectives on the conflict in Ukraine and the situation in the Indo-Pacific. "Delighted to welcome German Vice Chancellor Robert Habeck in New Delhi. A productive discussion on the many new opportunities of India-Germany cooperation that a rising India presents," he said. "Also exchanged perspectives on the conflict in Ukraine and the Indo-Pacific situation," Jaishankar added. Habeck, who is also Germany's Minister of Economic Affairs and Climate Action, is in India on a three-day visit. He is accompanied by a high-ranking official and a business delegation comprising top executives of large and medium-sized German companies. Habeck said India and Germany want to further strengthen bilateral cooperation and increase investments and collaboration

India, Germany to strengthen bilateral ties: German Vice Chancellor

Germany's Vice Chancellor and Minister of Economic Affairs and Climate Action Robert Habeck on Thursday said India and Germany want to further strengthen bilateral cooperation and increase investments and collaboration among companies. He arrived on a three-day visit to India on Thursday. Talking to reporters on the sidelines of the Indo-German Business Forum here, Habeck also said China is Germany's biggest trading partner and a lot of German and European companies have invested in that country. "It is a huge market and this goes the same for India and for the US for example. On the other hand we see that being dependent on only one market could be a risk and even more so if we see that economic issues are not politically neutral, that interests are interwoven in the economic relations," he said. He further said "we can't decouple from China" but de-risking and diversification is of highest importance. Diversification, he said means that other partnerships, the Indo-German ...

Indo-German JV launches its first satellite on SpaceX Falcon 9 rocket

Azista BST aims to mass manufacture satellites in India for the global market

Germany may ink Rs 45,000-crore deal to build submarines for India

ThyssenKrupp Marine Systems to sign pact with Mazagon Dock today

Russian arms for India not in German interests: Germany Defence Minister

Since the full-scale invasion of Ukraine began in early 2022, India has relied on Russia for its defence needs and has also become a significant customer of discounted Russian crude oil

Post-pandemic, a double-digit surge in India's exports to Germany

The spike, which comes amid a recession in the European nation, is led by a surge in the sale of telecom instruments

India's goods exports may see a marginal impact from Germany recession

But exports may contract in FY24 due to worsening external situation in FY24

India, Germany sign agreement on setting up quality infrastructure

Two sides to reduce technical barriers to trade and promote innovation and consumer protection

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PM, German Chancellor interact with CEOs on ways to boost economic ties

Prime Minister Narendra Modi and German Chancellor Olaf Scholz interacted with top executives from Indian and German companies on Saturday to discuss ways to deepen economic ties. The focus areas for mutual cooperation include digital transformation, financial technology, IT and telecom. "Chancellor @OlafScholz and I met top CEOs to discuss ways to strengthen economic relations between our nations. Sectors like digital transformation, FinTech, IT and Telecom featured prominently in the meeting," Prime Minister Modi tweeted. Scholz arrived in Delhi on Saturday on a two-day visit to India, his first to the country after he became the German chancellor in December 2021, following Angela Merkel's historic 16-year tenure at the top post. Modi and the German Chancellor held wide-ranging talks with a focus on boosting the bilateral ties in the areas of clean energy, trade and new technologies.

PM Modi, German Chancellor Scholz hold wide-ranging talks to boost ties

Prime Minister Narendra Modi and German Chancellor Olaf Scholz held wide-ranging talks on Saturday with a focus on boosting the bilateral ties in the areas of clean energy, trade and new technologies. The talks took place hours after Scholz arrived in Delhi on a two-day visit to India, his first to the country after he became the German chancellor in December 2021, following Angela Merkel's historic 16-year tenure at the top post. Earlier, Modi received Scholz at the Rashtrapati Bhavan, where the German leader was accorded a ceremonial welcome. In a tweet, Ministry of External Affairs (MEA) spokesperson Arindam Bagchi said Scholz's visit is an opportunity to further deepen the multifaceted India-Germany strategic partnership. "PM @narendramodi welcomes @Bundeskanzler Olaf Scholz at Hyderabad House for bilateral talks. Focus of the talks will be on strengthening bilateral cooperation, building on the Green and Sustainable Development Partnership and economic partnership, and forging

Olaf Scholz heads to India to deepen ties on green energy, defence

Scholz also plans to discuss Russia's war on Ukraine with Prime Minister Narendra Modi at a time when Europe and its allies are struggling to maintain economic pressure on the Kremlin

Germany to pursue $5.2-billion deal with India to build 6 submarines

The Indian Navy also has two indigenous nuclear-powered submarines.

India great example of how financial inclusion can work: German envoy

India is a great example of how to bring about financial inclusion and it needs to share this experience with the world at large, a German diplomat, who was a part of the delegation at a recent G20 meeting in Kolkata, said. He also said that India has taken over the G20 presidency from Indonesia at a crucial time for world development. "India is a great example of how financial inclusion can work. Over the last 10-odd years, you have made tremendous progress, and are much further advanced when it comes to electronic payment methods than, say, Germany for example," Manfred Auster, the Consul General of Germany in Kolkata, told PTI. Auster was a part of the delegation at the first Global Partnership for Financial Inclusion meeting of the G20, which was held from January 9-11. "In India, you pay everything with Unified Payments Interface (UPI), every small vendor will accept it. But in Germany, we still use quite a lot of cash Financial inclusion is important as common people, especia

German tech firm SUSE expands footprint in India to support key markets

SUSE, a leading open source German software company, has said it is expanding its operations in India to support the company's growth in key markets. The company has already set up a centre of excellence in Bengaluru at a time India and Germany are looking at boosting cooperation in the high-technology sector. Founded 30 years ago in Germany, SUSE was the first company to bring enterprise Linux to the market. "India has seen a massive transformation in technology over the last few years, and we see this expansion as a pivotal opportunity for us to contribute to the economic growth and innovation," said Imran Khan, SUSE Chief Customer Officer. "This expansion demonstrates our continued global growth as a company and presents a wonderful opportunity to expand our already strong customer base in India by bringing even more innovation to market," he said. The official said SUSE is driving innovation with its three interconnected product families: Business-critical Linux, Enterprise .

German Chancellor Olaf Scholz expected to visit India next month

German Chancellor Olaf Scholz is expected to undertake a high-profile visit to India next month with an aim to significantly expand overall cooperation in areas of trade, defence, clean energy and climate change, people familiar with the matter said on Thursday. It will be Scholz's first visit to India after he became German Chancellor in December 2021 following Angela Merkel's historic 16-year tenure at the top post. The people cited above told PTI that both sides are looking at the fourth week of February for the visit but the dates are yet to be locked. In December, German Foreign Minister Annalena Baerbock paid a two-day visit to India ostensibly to prepare for Scholz's long-awaited trip. Prime Minister Narendra Modi and Chancellor Scholz held bilateral talks in the Indonesian resort city of Bali on November 16 on the sidelines of the G-20 summit. The first meeting between the two leaders took place during Modi's visit to Berlin on May 2 for the 6th India-Germany ...